New Standard Models for Banking

Abstract

In this chapter, we explore how traditional banking operating models are struggling, and describe the emerging models for banks that are being adopted both by incumbents and by challengers, together with some of the opportunities and challenges these new models present. It's important to bear in mind that this is still a relatively new industry development and, like every other major disruption, early adopters and leading-edge pioneers are more likely to get it wrong than right. We believe some will succeed, but today there is limited evidence to indicate who that will be.